Tesla to Ring in Era of Closer Musk Oversight Before New Year

Friday begins a new age for Tesla Inc.’s board and Elon Musk’s Twitter feed.

It’s the deadline the Securities and Exchange Commission set for the electric-car maker to add two new independent directors, plus take a series of steps to better check its volatile chief executive officer’s presence on social media. Those measures include setting up a board committee and employing a securities lawyer to oversee governing senior executives’ tweets and posts on other platforms that are material to the company.

Elon Musk

Photographer: Robyn Beck/Pool via Bloomberg

Musk’s communications, in particular, are required to be more closely scrutinized under the agreement Tesla reached in September ...